Watch the video provided and then fill in the blanks.
The larger your down payment amount, the ________________ your monthly payments.
The higher your credit score is, the ________________ your APR.
You should shop around for a loan pre-approval from a direct lender before going to the dealer because ____________________________________________________________
The shorter your term length, the ________________ your monthly payments, and the ________________ the total interest you will pay.
Circle one: You [should/should not] tell the dealer the maximum you can pay per month
Auto Loans vs. Lease
Watch this video and then list out the advantages and disadvantages of a lease.
2020.12.16 Loans vs. Lease
Homework
Short assignment that can be found in Google Classroom
Coming up....
Unit 3 Test Tuesday, December 22. Last day before vacation is Wednesday, December 23.